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Circle, an internet financial services company, has issued approximately $325 billion worth of USDC through multiple minting operations on the Solana blockchain over the past seven days. These mintings, each amounting to hundreds of millions of dollars, have been verified by independent analytics platforms like Lookonchain, which monitors liquidity flows on the chain. This marks the largest weekly stablecoin issuance of 2026.

The data indicates a strong increase in stablecoin liquidity on the Solana ecosystem. These operations by Circle demonstrate the accelerating demand and usage on the network. In particular, the recent daily mintings of $750 million continued for four days, totaling $3 billion. A subsequent additional $250 million minting brought the weekly figure to $325 billion. These repeated large-scale minting operations highlight the high transaction speed and low cost advantages of the Solana network and support the shift of liquidity away from other chains like Ethereum.

According to current data, as of April 2026, the official USDC supply on Solana has reached approximately $7.64 billion. This amount represents about 52 percent of the total stablecoin market capitalization in the Solana ecosystem, with the overall stablecoin supply standing at $14.66 billion. Over the past month, the net USDC supply increased by 5.58 percent, providing an additional $4.51.8 million in liquidity. While weekly and daily fluctuations have been more moderate, the cumulative monthly minting volume has exceeded $10 billion.

These developments demonstrate the Solana blockchain's increasingly central role in DeFi protocol trading volumes and institutional adoption. The increase in stablecoin liquidity facilitates lending, trading, and asset transfer activities within protocols and supports the overall use of the network. Circle's Solana-focused strategy also provides strong evidence of expanding demand for regulated stablecoins at both institutional and retail levels.

In conclusion, Circle's record-breaking minting activity is accelerating the maturation process of the Solana ecosystem and reinforcing confidence in the future of blockchain-based financial infrastructure. The data suggests that similar liquidity injections may continue in the coming period, further increasing Solana's share in the stablecoin market.

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